Exclusive interview with Michael Hasenstab, the man who bought Ireland: Moody's must upgrade Irish bonds

Moody's, the rating agency, should upgrade Ireland's credit rating immediately, according to Michael Hasenstab, the US investor who owns €10 billion of Irish government bonds.

Ian Kehoe - avatar

Ian Kehoe

12th January, 2014
Michael Hasenstab, the US investor who owns €10 billion of Irish government bonds. Picture: Steve LaBadessa.

Moody's, the rating agency, should upgrade Ireland's credit rating immediately, according to Michael Hasenstab, the US investor who owns €10 billion of Irish government bonds. In an interview in today's paper, Hasenstab says that ''there's no question'' but that Moody's, which currently rates Irish debt as ''junk'', should increase this to investment grade.

Moody's is due to give its latest opinion on Irish debt next Friday, and after last week's successful bond issue it will...

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